New Jersey Turfgrass Foundation Inc

Analysis

New Jersey Turfgrass Foundation Inc is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, New Jersey Turfgrass Foundation Inc reported income of $510k and spending of $299k, leaving 41% of income unspent that year. Across the 4 years on record, from September 2020 to September 2023, income grew from $101k to $510k (+403%), an average of +71% a year. The sharpest change came in the year to September 2021, when income rose by 233%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Jersey Turfgrass Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Wiscasset Public Library ($510k), Orange Couch Foundation ($510k) and Kids Count in Alachua County ($510k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.